Search

TORONTO, Dec. 21, 2012 /CNW/ - Middlefield Can-Global REIT Income Fund
announced that it has filed a notice with the Toronto Stock Exchange
(the "TSX") and received its approval to make a normal course issuer
bid ("NCIB") for its units through the facilities of the TSX. This
NCIB will commence on December 28, 2012 and will terminate on December
27, 2013. In accordance with the Declaration of Trust by which the
Fund is governed, market purchases pursuant to its NCIB may be effected
by the Fund.

The Fund had 7,500,000 units issued and outstanding as at December 19,
2012. The Fund may, during the 12 month period commencing December 28,
2012 purchase on the TSX up to 749,530 units, being 10% of the public
float and may not, in any 30 day period, purchase more than 150,000
units, being 2% of the units issued and outstanding. The Fund will
cancel all units purchased pursuant to the bid. Subject to receiving
all necessary regulatory approvals, the Fund may, in lieu of canceling
units acquired, hold the units in treasury for resale. Middlefield
Can-Global REIT Income Fund believes that its units represent good
value for the Fund and purchases under the normal course issuer bid may
serve to enhance returns to unitholders.

Can-Global REIT trades on the Toronto Stock Exchange under the symbol
"RCO.UN".